Is Waaree Renewab. technically bullish or bearish?
As of 28 October 2025, the trend is bullish with strong indicators, including bullish daily moving averages and MACD, though caution is advised due to a bearish weekly RSI.
As of 28 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the weekly MACD is also bullish. Additionally, the On-Balance Volume (OBV) shows bullish momentum on both weekly and monthly time frames. However, the weekly RSI is bearish, which suggests some caution. Overall, the strength of the bullish trend is supported by the positive performance in the short term, as indicated by the recent stock return of 2.24% over the past week compared to the Sensex's 0.24%.
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